Daily Archives: March 23, 2020

New Look, H&M, Harrods, Zara shut down stores in the UK

After some initial hesitation, Great Britain is now taking increasingly tough measures to contain the strongly increasing number of corona infections. After prime minister Boris Johnsen ordered the closing of schools a few days ago, the British government is now … Continue reading

Arricano: update on the impact of covid-19

Grocery stores, hypermarkets and pharmacies that are located in the shopping malls will continue to operate.  In response to these decisions, Arricano’s malls – Prospekt shopping mall and RayON shopping mall in Kyiv, City Mall in Zaporizhzhia and the Sun … Continue reading

Deutsche EuroShop: Preliminary figures for 2019 financial year as planned

Revenue: €225.9 million (+0.4%) Improved financial result and positive tax effect compensate for negative valuation result Consolidated profit: €112.1 million (+41.2%) Based on preliminary figures, shopping center investor Deutsche EuroShop closed financial year 2019 with good operating figures that partially … Continue reading

Vastned gives update on the impact of COVID-19

The health and safety of its employees, tenants and visitors is paramount for Vastned. The company is following the instructions of the World Health Organization and of government authorities closely. Vastned has taken measures in these challenging circumstances to ensure … Continue reading

LPP supports the fight against coronavirus

The Polish company is cooperating with the Chancellery of the Prime Minister as regards supporting the Polish government in the purchase of protective measures for health care facilities such as overalls, masks, disinfectants and thermometers. The Pomeranian clothing manufacturer will … Continue reading

M&S sparks neighbourly action with new fund to mobilise over 1,000 local charities across the uk

Whole M&S Family has come together (including M&S Bank and M&S Energy) to support long-standing M&S partner, Neighbourly The Neighbourly Community Fund, kickstarted by M&S, will support hundreds of local organisations (from food banks to youth clubs) to immediately deliver on the … Continue reading

Coronavirus will hit economies across all EBRD regions

The EBRD, which invests in 38 emerging economies across three continents has launched an emergency package worth an Initial €1 billion to support companies in its countries suffering because of the crisis.  More detailed economic forecasts for the EBRD regions will be … Continue reading

Shopping center and retail operational challenges with COVID 19

The document can be downloaded for free by following this link: http://bit.ly/SSC_Covid19 The scale and scope of risks faced by retail and shopping center operators today are expanding and evolving faster than ever before. The Covid-19 pandemic is hitting the shopping … Continue reading